Examples of Forward Commitment in a sentence
Subject to the obligation of the Borrower to maintain the units in the Project as affordable housing in accordance with the Regulatory Agreement, the Borrower will fix, charge and collect, or cause to be fixed, charged and collected, rents, fees and charges in connection with the operation and maintenance of the Project, such that the Project shall meet the Conditions to Conversion prior to the Forward Commitment Maturity Date and otherwise comply with Section 4.27.2 hereof.
The purchase and sale agreement pertaining to the Disposition (hereinafter, “Purchase and Sale Agreement”) falls under the category of Forward Commitment as provided in the Comprehensive Guideline for Supervision of Financial Instruments Business Operators, etc.
There are several ways to measure septic system performance regarding nutrient attenuation.
Forward Commitment – a contract between two (or more) parties who agree to engage in a transaction at a specified later date and at a specified price.